June 8, 2025
Sydney 29

Global stock markets tumble amid tariff war; Japan, China and India hit hard: 10 things to know

NEW DELHI: A global market rout intensified Monday following US President Donald Trump’s announcement of sweeping tariffs and Beijing’s retaliation with 34% duties on all US imports starting April 10.Stock markets across Asia plunged sharply, with investor sentiment collapsing as fears of a global trade war took hold. Analysts say over $9 trillion in market […]

‘More than 50 countries reached out to Trump to begin negotiations’: Economic council director Kevin Hassett in defense of tariffs

Kevin Hassett defends Donald Trump White House National Economic Council Director Kevin Hassett came out defence of President Donald Trump‘s trade policies, dismissing concerns about increased costs for American consumers amid the massive backlash and recession fears.“So the fact is, the countries are angry and retaliating — and, by the way, coming to the table. […]

What are Americans buying before Donald Trump’s tariffs kick in? Full list

As US President Donald Trump’s latest round of sweeping tariffs edges closer to taking effect, American households are racing to stock up on everyday essentials — from fruits and toothpaste to electronics and even building materials — before prices start to climb. Trump’s proposed levies, announced Wednesday, add another layer to an escalating trade war […]